2022 TOP to UGX Historical Review

YEARLY HIGH

1670.8809 UGX

YEARLY LOW

1520.0113 UGX

YEARLY AVERAGE

1582.8313 UGX

2022 TOP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1670.8809. Conversely, the yearly low was recorded on May 3, dropping to 1520.0113.

This high-to-low spread represents a total annual volatility of 150.8697 UGX. From a start-to-finish perspective, comparing the January average rate of 1550.7958 to the December average rate of 1571.4110, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1670.8809 was up 2.01% compared to the 2021 peak of 1637.9514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 8,354,405 UGX

2021 Average 7,915,355 UGX

Yearly Trough Low 7,600,056 UGX

Transaction Impact: A difference of 754,348.29 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1649.1957

1541.7390

JanuMarcMayJulySeptNove

TOP to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1570.6886, compared to 1594.9740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.2854 points.

H1 Avg (Jan–Jun) 1570.6886

H2 Avg (Jul–Dec) 1594.9740

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 122.8273 UGX (High: 1642.8386 / Low: 1520.0113). On the other end, January was the most stable month, with a tight range of 18.3777 UGX (High: 1559.7530 / Low: 1541.3754).

May Spread (Volatile) ±122.8273

January Spread (Stable) ±18.3777

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 37.7890 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -37.7890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 1640.2410) against the same month in 2021 (average: 1562.8471), the exchange rate shifted by +77.3939 (+4.95%).

2022 Avg (August) 1640.2410

2021 Avg (August) 1562.8471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1559.7530	1541.3754	1550.7958
February	1561.0368	1535.5127	1550.6937
March	1605.5618	1547.1600	1586.6018
April	1591.0218	1537.2341	1562.5172
May	1642.8386	1520.0113	1562.1877
June	1649.0264	1593.9142	1611.3356
July	1659.6908	1581.0061	1612.9704
August	1670.8809	1610.1183	1640.2410
September	1618.8719	1583.2630	1602.4520
October	1587.4466	1543.2435	1569.2296
November	1587.1076	1539.7863	1573.5398
December	1593.8999	1541.5030	1571.4110